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Tilak Ventures Ltd is a finance company to advance money to individuals, firms, or corporate body, and to receive money on deposits, or loans to carry business as financiers. Thus, the company is mainly into the business of financing, investment, and trading into shares, commodities, and bullion. Currently the Company is majorly into financing, investment and trading into shares, commodities, and bullion. It operates in two business segments; Finance and Commodities Activities.
Issue Open | Feb 28, 2022 - Mar 15, 2022 |
Security Name | Tilak Ventures Limited |
Issue Size (Shares) | 9.64 Crores |
Issue Size (Amount) | ₹48.18 Crores |
Issue Price | ₹5 per share |
Face Value | ₹1 per share |
Minimum Lot size | |
Market Lot | 1 per share |
Listing At | BSE |
Terms of Payment | 50% of the Issue Price i.e. Rs. 2.50/- per Rights Equity Share shall be payable at the time of application and the balance of 50% of the Issue Price i.e. Rs. 2.50/- per Rights Equity Share shall be payable in one or more subsequent calls as determined by the Board from time to time. |
Entitlement | 3 right shares for every 4 fully equity shares held on the record date |
Bid/Offer Opens On | Feb 28, 2022 |
Bid/Offer Closes On | Mar 15, 2022 |
Record Date | Feb 18, 2022 |
Deemed Date of Allotment | Mar 28, 2022 |
Renunciation of Rights Entitlements | Mar 8, 2022 |
Particulars | For the year/period ended (Rs.in Millions) | ||
---|---|---|---|
30-Sep-21 | 31-Mar-21 | ||
Total Assets | 286.33 | 278.87 | |
Total Income | 2.73 | 51.13 | |
Profit After Tax | 2.15 | 13.65 |
The right issue proceeds will be utilized towards the following objectives;
Tilak Ventures Limited
E-109, Crystal Plaza, New Link Road,
Opposite Infinity Mall, Andheri (West),
Mumbai – 400053
Phone: +91-915209641/42
Email: tilakfin@gmail.com
Website: https://tilakfinance.wordpress.com/
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: tilakventures.rights@linkintime.co.in
Website: https://linkintime.co.in/